A developmental financing product designed to fund working capital and assets, aiming to motivate and empower cooperative societies to achieve their developmental goals. The product supports them in improving the economic and social well-being of their members, while strengthening solidarity and fostering collaborative work among them.
- About The Product
- Conditions
- Requirements
- Finance up to 10 million ♦
- The repayment period is up to 7 years
- Grace period up to 18 months
- Flexibility in payment mechanism
- Nominal fee
- Additional financing according to the product policy
Target Category
Cooperative societiesBeneficiaries
New ServiceFees
1% administrative feePayment Channels
Payment billAvailability
24/7SLA
43 working daysService Start Date
2019
Language
ArabicFAQs
Click Here920008007
920008007care@sdb.gov.sa
care@sdb.gov.saProduct features
Financing ceiling
Up to 10 million ♦
Financing period
Up to 7 years
Payment method
Flexibility in payment mechanism
Fees
1%
The grace period
Up to 18 months
Customer journey
Apply
Eligibility check
Processing
Exchange
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